How Will Your Upcoming Life Changes Affect Your Estate Plan?
2019 may be a big year for you! Perhaps you are having your first child? Maybe you are getting married? Maybe you are a buying your very first house or maybe you are finally starting your own business? Whatever your new life change may be, congratulations on this big step! While many people may not think about this at the time, each one of these changes can affect your will or estate plan and it's important that you consult with your estate planning lawyer at the Lake of the Ozarks . At Phillips, McElyea, Carpenter, and Welch , we encourage our clients to let their wishes be known. Keep reading to learn how different life changes can affect your estate plan or will. How Will Your Upcoming Life Changes Affect Your Estate Plan Having a New Baby Once you had a child, it becomes even more important that you have a will or trust. You should name a guardian for your children and list them in your will. A guardian is a person who would care for your children if you unexpectedly ...